---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-033637"
form_type: "8-K"
ticker: "KFS"
cik: "0001072627"
company_name: "KINGSWAY FINANCIAL SERVICES INC"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:18:15.853217+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Kingsway Q3 revenue up 9.5% to $27.1M; adjusted EBITDA rises 27.8%; acquires Image Solutions

## Summary
- Consolidated revenue $27.1M (+9.5% YoY); Extended Warranty $17.8M (+3.4%), KSX $9.3M (+23.3%).
- Net loss of $2.3M vs $0.7M loss a year ago; adjusted consolidated EBITDA $2.9M (+27.8%).
- Acquired Image Solutions (IT MSP) for $19.5M all-cash; issued $8.25M convertible preferred stock to fund.
- Year-to-date repurchased 312,850 shares for $2.5M; purchased remaining 10% of IWS for $2.5M.
- Run-rate adjusted EBITDA for operating companies $18.5M-$19.5M; net debt $52.0M vs $35.3M.

## SEC filing metadata
- accession: 0001437749-24-033637
- form_type: 8-K
- ticker: KFS
- cik: 0001072627
- company_name: KINGSWAY FINANCIAL SERVICES INC
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1072627/000143774924033637/0001437749-24-033637-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1072627/000143774924033637/kfs20240821_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-033637
- JSON: https://secwatch.observer/filing/0001437749-24-033637.json
- Plain text: https://secwatch.observer/filing/0001437749-24-033637.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.